WHY CHOOSE ICASHLOANS ?
: When you need cash quickly you want to
work with a service that is reliable and experienced in the payday
loan industry - iCashLoans is both. We pride ourselves on connecting
our customers with the best payday lenders to meet their needs. Why
waste time visiting dozens of websites trying to figure out which
lender will serve you best? iCashLoans is the only site that you need
to visit when you’re looking for a fast, secure payday
loan.

Cash Loans: "We Search 100+ Lenders
Money in Your Account Next Day"

About Us:

Our services are designed to help you find a reputable
payday lender to work with. iCashLoans has a large number of lenders
in our network, and we are confident that we can assist you in
obtaining the best payday loan to meet your needs.
Everyone hits a rough patch financially at some point, and payday
loans are a great solution for short-term cash flow problems. You
don’t have to worry about how you are going to pay an unexpected bill,
or cover an emergency expense, between pay checks - iCashLoans is your
source for finding payday loans.
Using iCashLoans is 100% free to you - we do not charge any fees for
our services. When you use iCashLoans you will save time and money.
All you have to do is provide us with basic information and we will
instantly search our network of lenders to find you the loan that
meets your needs.
At iCashLoans we pride ourselves on working with lenders that are fair
and honest in their lending practices. Our main goal is to provide you
with a great experience when searching for a payday lender. All
lenders in our network are required by law to follow all of the rules
and regulations related to payday lending.
Don’t drive around town to visit payday loan shops, and forget about
looking at website after website trying to find a loan with fair
terms. iCashLoans is the only place you need to go to find a payday
loan. We will search our vast netowrk of lenders instantaneously to
find you the loan that you are looking for.

Some lenders in our network may
automatically roll over your existing loan for another two weeks if
you don't pay back the loan on time. Fees for renewing the loan range
from lender to lender. Most of the time these fees equal the fees you
paid to get the initial payday loan. We ask lenders in our network to
follow legal and ethical collection practices set by industry
associations and government agencies. Non-payment of a payday loan
might negatively effect your credit history.

Wednesday, October 23, 2013

Payday loans are the easiest and quickest way of getting a loan when in immediate need of cash. Unlike the traditional secured loans where it takes days or even weeks for the documents and checks to be processed, here it is all done within a day. The documents need to be submitted online and the processing and approval takes not more than a day. The reason behind such quick service is that payday loans come with no credit check. The lenders are not bothered with your past credit record or your credit score.

The only documents needed when applying for a payday loan with no credit check are proof of age, a functioning checking or savings account and proof of employment. The companies dealing with payday loans do not bother much about your credit history. In fact, taking a payday loan and repaying it before time or on time can help increase your credit score. It would reflect positively in your credit history. They do not even take any collateral against the loan amount.

The only thing to keep in mind while getting a payday loan with no credit check is the rate of interest. The best way to get a good rate is to look around. A lot of online companies offer these loans at very competitive prices. The more you look and talk with them, the better deal they might be able to offer you because of the competition. In these types of loans, it is the rate of interest which is the deciding factor for the borrower and the lender as well. The lender wants to charge as high a rate as possible because this is the only form of security he has against the money being loaned. The borrower wants to give the least rate of interest as he is already in a money crunch.

Payday loan with no credit check are the perfect solution for unemployed people who live in rented property. These people are not able to get secured loans because they do not have any property go keep as collateral against the loan. Therefore, they are not able to get a secured loan from a bank. Most unemployed people do not have another source of income. This eventually reflects on their credit history as at some point of time they do get delayed in making the payments. Once you get a bad credit history, it becomes extremely difficult to get a loan sanctioned.

Therefore, most unemployed people are left with no option but to take the payday loans with no credit check. Taking these loans may cost them a little extra money in the short term but it has its benefit in the long term. It helps you maintain your lifestyle and pay the bills on time during tough times. Paying off the loans on time helps in increasing the credit score as well. So that when you get employed again, you can repay the loan and start afresh with a good credit history to boost.